Saudi-based Acwa Power has reached an agreement with Dubai Electricity and Water Authority (Dewa) for the conversion of the 2,400MW Hassyan Power Plant from clean coal to natural gas.
AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, said it has partnered with UAE-based multi-business conglomerate Ghassan Aboud Group to establish one of the region’s largest multi-category wholesale food trading and logistics hubs in Khalifa Industrial Zone Abu Dhabi (Kizad) in collaboration with Rung
Abu Dhabi National Oil Company (Adnoc) and Austrian chemical giant Borealis have jointly broken ground on the AED22-billion ($6.2 billion) fourth Borouge facility (Borouge 4) at the company’s polyolefin manufacturing complex in Ruwais, Abu Dhabi.
Dubai’s Museum of the Future last month opened its doors to the world in the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and other senior government officials.
Majid Al Futtaim Communities has launched Alaya Beach, an ultra-exclusive neighbourhood at Tilal Al Ghaf, the lifestyle destination creator’s flagship community in Dubai.
UAE-based Aldar Properties has announced that it awarded 16 contracts worth more than AED8.5 billion ($2.3 billion) across Abu Dhabi in 2021 – 14 of which went to 14 different UAE-based contractors.
UAE real estate developer Omniyat has begun the handover of luxury residential units within the One at Palm Jumeirah, Dorchester Collection, in Palm Jumeirah, Dubai.
UAE-based developer Arada has awarded a major contract to build eight premium apartment buildings in Aljada, the AED24-billion ($6.5-billion) lifestyle megaproject in New Sharjah. The eight Tiraz buildings form part of Naseej District, the new creative neighbourhood at Aljada, and together contain 920 homes.
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced plans to build its first and the largest aluminium recycling facility in the UAE with a production capacity of 150,000 tonnes per year.
